Shenzhen Mindray Bio-Medical Electronics Co (SZSE:300760) Days Payable : 102.28 (As of Sep. 2024)

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What is Shenzhen Mindray Bio-Medical Electronics Co Days Payable?

Shenzhen Mindray Bio-Medical Electronics Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥3,845 Mil. Shenzhen Mindray Bio-Medical Electronics Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥3,430 Mil. Hence, Shenzhen Mindray Bio-Medical Electronics Co's Days Payable for the three months ended in Sep. 2024 was 102.28.

The historical rank and industry rank for Shenzhen Mindray Bio-Medical Electronics Co's Days Payable or its related term are showing as below:

SZSE:300760' s Days Payable Range Over the Past 10 Years
Min: 67.97 Med: 76.88 Max: 92.98
Current: 92.98

During the past 10 years, Shenzhen Mindray Bio-Medical Electronics Co's highest Days Payable was 92.98. The lowest was 67.97. And the median was 76.88.

SZSE:300760's Days Payable is ranked better than
61.99% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 69.87 vs SZSE:300760: 92.98

Shenzhen Mindray Bio-Medical Electronics Co's Days Payable increased from Sep. 2023 (74.15) to Sep. 2024 (102.28). It may suggest that Shenzhen Mindray Bio-Medical Electronics Co delayed paying its suppliers.

Shenzhen Mindray Bio-Medical Electronics Co Days Payable Historical Data

The historical data trend for Shenzhen Mindray Bio-Medical Electronics Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shenzhen Mindray Bio-Medical Electronics Co Days Payable Chart

Shenzhen Mindray Bio-Medical Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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69.27

67.97

78.03

76.65

76.90

Shenzhen Mindray Bio-Medical Electronics Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															74.15	118.04	78.99	81.92	102.28

Competitive Comparison of Shenzhen Mindray Bio-Medical Electronics Co's Days Payable

For the Medical Devices subindustry, Shenzhen Mindray Bio-Medical Electronics Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shenzhen Mindray Bio-Medical Electronics Co's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shenzhen Mindray Bio-Medical Electronics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Mindray Bio-Medical Electronics Co's Days Payable falls into.

Shenzhen Mindray Bio-Medical Electronics Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Shenzhen Mindray Bio-Medical Electronics Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2290.618	+	2690.407)	/	2 )	/	11820.708	*	365
=	2490.5125					/	11820.708	*	365
=	76.90

Shenzhen Mindray Bio-Medical Electronics Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (3879.781	+	3809.475)	/	2 )	/	3430.122	*	365 / 4
=	3844.628					/	3430.122	*	365 / 4
=	102.28

Shenzhen Mindray Bio-Medical Electronics Co Days Payable Related Terms

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Shenzhen Mindray Bio-Medical Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shenzhen Mindray Bio-Medical Electronics Co Ltd (SZSE:300760) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keji 12th Road South, Floor 1-4, Mindray Building, Hi-tech Industrial Park, Nanshan, Shenzhen, CHN, 518057

Website

http://www.mindray.com

Shenzhen Mindray Bio-Medical Electronics Co Ltd is a developer, manufacturer, and supplier of medical devices. The company is focused on the medical industry in the fields of Patient Monitoring & Life Support, InVitro Diagnostics, and Medical Imaging.

Executives

Li Wen Mei	Secretary Dong
Liang Hu Ming	Independent director
Xu Hua	Executives
Zhang Chi	Securities Affairs Representative

Shenzhen Mindray Bio-Medical Electronics Co Headlines

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